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Nicolette Ferrara
on Dec 15, 2024

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If the C$ strengthens by 2% relative to the US$ (US$1.00 = C$1.0339) , what will be the new value for the US$ per C$1.00?

A) US$0.8350 per C$1.00
B) US$1.0339 per C$1.00
C) US$0.8034 per C$1.00
D) US$0.96721 per C$1.00
E) US$0.9866 per C$1.00

Exchange Rate

The rate at which one currency can be exchanged for another.

  • Understand the impact of currency value changes on exchange rates.
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Tanna TindellDec 20, 2024
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